Italian Restaurant With Property

Location: United States -> Florida -> Jacksonville
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Businesses for sale Summary

Thriving table cloth Italian Restaurant for sale with a 4 COP SRX liquor license Located in South East Jacksonville Great drive by visibility The catering business has taken off with booked events well into 2009 This building has been a restaurant for over 30 years seating for 200 and is doing well in a down market Outstanding kitchen and catering equipment, low down payment with owner financing on business Do not miss this one! The real estate is included. Please refer to Listing 747-02502 Broker Victor Cirillo for more information.


Asking Price Range:  $1.0M – $2.5M
Gross Revenues:   $1,135,000
Cash Flow:   $300,363
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $218,000
Seller Financing:  Yes

About The Business

Year Established:  1978
Number of Employees:  20 – 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller will provide 2 weeks training at no charge.
Reason For Selling:  Health.